California Delivers: Driven to acquire Humboldt Heritage
There are many different ways to get your pot: dispensaries, delivery and “your guy” [which we don’t recommend]. A couple of the biggest challenges facing the California cannabis market are delivery area coverage and high quality supply. Ultimately, this move solves both.
Driven Deliveries (OTC: DRVD) formally announces the company’s intent to purchase Northern California-based legacy cannabis distribution company, Humboldt Heritage Inc. (HHI) and its subsidiaries Humboldt Sun Growers Guild LLC (HSGG) and Grateful Eight LLC (G8). Ultimately bringing together two California based cannabis companies, creating California’s largest farm-to-consumer, vertically-integrated operator.
“We are extremely excited to be teaming up with the Driven family. Driven’s ‘last mile’ delivery capabilities will enable the Humboldt Sun Growers Guild’s farmers’ world-renowned cannabis products to be delivered direct to over 30 million of California’s cannabis consumers.” says Barry Nachshon, CEO of Humboldt Heritage Inc.
DRVD and its Ganjarunner delivery service will gain exclusive access to 18 unique brands including Cuba Libre, Lost Creek, Rambling Rose, and Humboldt Edge Farms. In addition, Driven’s customer base will have access to products from more than 200 famed Humboldt farms.
Moreover, Driven intends to leverage the brands the Humboldt Sun Growers Guild services, including its in-house brand, True Humboldt, family-run Sunrise Mountain Farms, and women-owned Juniper into its Ganjarunner delivery service.
“Driven looks forward to bringing Humboldt Heritage and the Humboldt Sun Growers Guild into our company portfolio,” says Christian Schenk, CEO of Driven Deliveries. “As a vertically integrated cannabis company complete with 90 minute delivery to 92% of California, distribution was the only missing piece to our portfolio puzzle. There is no better cannabis on the market today that can match the quality and consistency produced by the Humboldt Sun Growers Guild. This acquisition brings not only DRVD, but also California’s cannabis consumers closer to the multi-generational, heritage farmers growing cannabis in the world-renowned Emerald Triangle.”
Though we do love stopping by our favorite dispensaries to check what’s happening in our local neighborhood, 90 minute relief seems pretty damn convenient on those need it now type of days.
About Driven:
Driven Deliveries, Inc. is the first publicly traded cannabis delivery service operating within the United States. Founded by experienced technology and cannabis executives, the company provides e-commerce solutions, online sales, and on-demand cannabis delivery in select cities where allowed by law. Driven offers legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. By 2020, legitimate cannabis revenue in the U.S. market is projected to hit $23 billion. In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to serve the needs of the emerging cannabis industry best and capture notable market share within the sector. For more information, please visit www.DRVD.com and review Driven’s filings with the U.S. Securities and Exchange Commission.
About Humboldt Heritage Inc.
Humboldt Heritage, Inc., was founded in 2015 by seven local farmers who sought to better serve the farming community in the region. Headquartered in Humboldt County, CA, HHI provides manufacturing, processing and distribution of cannabis products under its two wholly-owned subsidiaries, Humboldt Sun Growers Guild (HSGG) and Grateful 8. HSGG provides processing, white labeling services, and is the exclusive distributor of their flagship brands True Humboldt and Region.
